In a world where we are creating more data than ever, and where that data could contain the answers to some of society’s most pressing challenges such as climate change and disease, it is critical that researchers, businesses and people in general can use modern techniques and tools to analyse that data and make new discoveries.
The Hague Declaration was created with that goal in mind and this infographic was created to illustrate the importance of better access to data. It illustrates the facts which support our goals and the benefits which stand to be gained. Below the infographic are links to all data sources and code for embedding the infographic on your website.
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The digital universe is doubling in size every two years. EMC Digital Universe Study.
By 202, the digital universe will reach 44 zettabyes. EMC Digital Universe Study.
90% of the data in today’s world has been created in the last two years. IBM.
Arif E. Jinha. Article 50 million: an estimate of the number of scholarly articles in existence.
2.4 million scholarly articles published in 2013. Dr. Andrew Plume & Dr. Daphne van Weijen. Publish or persish? The rise of the fractional author. They cite 2.4 million scholarly articles published in 2013. 2.4 million/31,536,000 seconds per year = one article every 13.14 seconds.
The effective use of Big Data is worth more than $300 billion per year to the U.S. healthcare sector alone. McKinsey study. Big data: The next frontier for innovation, competition, and productivity.
Better accessibility of data could improve researcher productivity by 2%, leading to a gain of €5.3 billion on top of the €266.9 billion spent yearly on public and private research in Europe. European Commission Expert Group report on Text and Data Mining.
Government administrators in Europe could make over €100 billion in operational efficiency improvements by using data more effectively. McKinsey study. Big data: The next frontier for innovation, competition, and productivity.
One pharmaceutical company used text mining tools to evaluate 500,000 patents in 18 months. Patrick James Herron. Text Mining Adoption for Pharmacogenomics-based Drug Discovery in a Large Pharmaceutical Company: a Case Study.